finance

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S.Africa Cuts Interest Rate For First Time In Five Years

South Africa's central bank slashed its key interest rate for the first time in five years Thursday, as the continent's...

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Citigroup Picks Frankfurt As New EU Hub After Brexit

Citigroup has picked Frankfurt as its headquarters for broker-dealer duties for EU countries after Brexit, a Citigroup...

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Down the Drain? The Economic Costs of Illicit Financial Flows In Africa’s Extractive Sector [Article]

Resource-rich African countries are facing significant economic headwinds. Nigeria, Africa’s largest oil producer,...

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GN Re Shows Impressive Growth

GN Reinsurance Company has emerged as a profitable Reinsurer by posting an underwriting profit of GH¢2.4 million in...

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Morgan Stanley To Shift Jobs To Frankfurt Due To Brexit

Morgan Stanley has picked Frankfurt as a new temporary hub to operate in the European Union when Brexit takes effect, a...

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Netanyahu Slams EU’s ‘crazy’ Israel Policy

Prime Minister Benjamin Netanyahu on Wednesday denounced the EU's political demands on Israel as "absolutely crazy", in...

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Israel Denounces EU Criticism As ‘anomaly’

Prime Minister Benjamin Netanyahu on Wednesday denounced Brussels' repeated criticism of Israel as an "anomaly" and...

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GN Bank Wins Award

GN Bank has been adjudged the best growing bank at the 16th Edition of the Ghana Banking Awards (GBA) held in Accra...

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What Our Workers Need Is Living Wages

THE government last week announced a new national daily minimum wage (NDMW) of GH¢9.68.  This, according to the...

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Bernard Avle’s Question On Borrowing and How Dr Bawumia Answered It

Following Tuesday’s media encounter by President Nana Addo Dankwa Akufo-Addo, there is a discussion on social media...

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South Africa Ex-Finance Minister Calls For Zuma To Go

South Africa's respected former finance minister Pravin Gordhan called Tuesday for President Jacob Zuma to resign,...

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Israel PM Hails Hungary Fight Against Anti-Semitism

Israeli leader Benjamin Netanyahu on Tuesday praised Budapest for "standing up for" the Jewish state, at talks with...

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Goldman Sachs Profits Flat Amid Weak Trading Results

Global financial services giant Goldman Sachs reported flat second-quarter earnings Tuesday as gains in investment...

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Higher Interest Rates Boost Bank of America Earnings

Bank of America reported higher second-quarter earnings Tuesday, thanks to a boost in total loans and the benefit of...

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Market Returns To Rise Further This Week

Trading activity in terms of volumes on the stock market increased by 86.97% in the week under review as volumes of...

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Has the US Apologised Yet? (2)

When Candidate Trump tweeted that insult on blacks, he was ignorant of the fact that it is a black man, Jan Ernst...

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‘Spiritual Brothers’ Netanyahu, Orban Meet In Budapest

Israeli premier Benjamin Netanyahu is in Budapest Tuesday for talks with Hungarian counterpart Viktor Orban, who hopes...

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US Arrests British Traders Over Forex Manipulation

Three British former foreign exchange traders for major banks have surrendered to US authorities to face criminal...

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Gov’t Misses Out On Revenue Targets For First 4 Months of 2017

Government ended the first four months of the year missing out on its revenue target, latest fiscal data covering...